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would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to. the president led with that notion of protecting the middle class, and now you have republicans that have it in their power, they could sign a bill tomorrow that protects
will take a proactive role here because this is the land of the lane. house speaker john boehner has said it himself. this is the law of the land. this is the next big step. if perry and walker don't do t then the federal will do it for them. >> jennifer: this seems to me these republican governors are all about state rights would want to set up this exchange because it allows them to be these states and republican governors in charge and not the hated federal government. why are they fighting? >> they're putting ideology and partisan politics over the benefits of consumers. the great fallacy here is that obama-care is a government takeover of your healthcare. the government will come into your life and control your care. but these exchanges are private insurers they're giving you option. it is a marketplace and a private marketplace for to you pick out the best options amist amidst these horrible ones. it's really partisan talking points no more, no less. >> jennifer: earlier this year chris christie vetoed the bill but since that time the new jersey legislature passed a similar bill, an
boehner wants a temporary deal that extends all the bush tax cuts and buys more time. democrats don't want to extend attach cuts at all even temporarily. we know going over the cliff would throw us into a recession but experts say if it's reversed within a couple weeks it wouldn't be catastrophic. if the two sides cut a deal referred to as the grand bargain, it's preferable in theory, but with democrats and republicans so far apart, it is unclear what we might have to sacrifice in order to get that bargain. third, the two sides could negotiate around the issue of taxes. this is a little more complicated, unclear how it might work. there would be some sort of trade-off and it seems unlikely. the fourth possible scenario, create a patch to get us through the start of the year, which is a short term extension of the status quo something republicans would like, because it extends the bush tax cuts. president obama did that once in 2010 and is not willing to do it again. finally, we could procrastinate with a little down payment sending the message we will get to it. it would be a small package
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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